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October 2017
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EDITO
Friday, 20 October 2017

The revision of the European Consensus on Development has once again thrown the spotlight on the failure of EU countries to allocate 0.7% of their gross national income (GNI) to international solidarity. EurActiv France reports. European lawmakers have expressed their frustration at member states’ continued failure to reach their development assistance targets. For Luxembourgish MEP Charles Goerens (ALDE group) this undermines the very credibility of the EU’s aid policy.

From January 2016, thousands of pastoralists arrived in Djibouti from the Somali region of Ethiopia and from the Somaliland Region of Somalia, fleeing one of the most severe droughts of the last decade. Many pregnant women and children under five among the displaced showed signs of acute malnutrition and anemia. Half of the adult men and women were underweight and many were suffering chronic coughs, tuberculosis and diarrheal diseases. In April 2016, the number of displaced pastoralists totalled 9,650 in different settlement sites in Ali-Sabieh, Dickhil and Obock regions of Djibouti.

The British Department for International Development (DfID) is set to disburse £23.5 million (about Rwf24 billion) through a new programme, dubbed “Improving Market Systems for Agriculture in Rwanda” (IMSAR). IMSAR, which was launched in Kigali, yesterday, will see the money paid out over a period of six years to support agribusiness, help farmers, develop the private sector, create jobs and promote economic growth and exports in a bid to support the commercialisation of agriculture. DFID director for East and Central Africa Donal Brown said agriculture must be at the centre of economic development because it has real potential, especially in Africa.

Wednesday, 05 October 2016

The National Assembly Members Tuesday adopted the report on the 42nd Session of the ACP Parliamentary Assembly and the 31st Session of the ACP-EU Joint Parliamentary Assembly held in Windhoek, Republic of Namibia, from 8 to 15 June 2016. Tabling the report before lawmakers, the National Assembly Member for Banjul North, Hon. Alhagie Sillah, the head of the delegation, said the ACP-EU JPA brings together MEPs and MPs from 78 European Union (EU) and the African, Caribbean and Pacific (ACP) States that have signed the Cotonou Agreement, which is the basis for ACP-EU cooperation and development work.

Tuesday, 04 October 2016

On 18 September, the UN World Food Programme (WFP) received GBP3 million (about $3.9 million) from the United Kingdom Department for International Development (DFID) for its cash and voucher assistance programme supporting conflict-affected communities in Sudan. WFP plans to use GBP2 million ($2.6 million) to support 220,000 displaced across Darfur with vouchers for four months, helping them to purchase a wide variety of food items from local shops.

Thursday, 29 September 2016

The European External Investment Plan (EEIP) is an innovative approach to boost investments in Africa and EU Neighbourhood countries. These investments shall contribute to creating sustainable growth and inclusive jobs, particularly in socio-economic sectors such as sustainable energy or social infrastructure and support micro, small and medium-sized enterprises. The EEIP consists of three complementary pillars: The first provides improved access to finance. At its heart lies a new European Fund for Sustainable Development (EFSD) which combines existing investment facilities with a new guarantee.

Wednesday, 28 September 2016

Europe is at last fully converted to the merits of boosting investment in order to achieve sustainable growth. The EU is doing so with an internal investment plan (commonly referred to as the Juncker Plan or as the European Fund for Strategic Investments (EFSI), writes San Bilal. San Bilal is the Head of the European Centre for Development Policy Management (ECDPM) Economic Transformation and Trade Programme. In his State of the Union address, European Commission President Jean-Claude Juncker announced the doubling of its duration and its amount, to at least €500 billion.

WFP plans to use GBP 2 million to support 220,000 displaced people across Darfur with vouchers for four months, helping them to purchase a wide variety of food items from local shops. The remaining GBP 1 million will be used to top up a contribution of GBP 2.2 million that WFP received early this year for the launch of a cash assistance programme. While providing families with food items they can purchase and eat, cash and vouchers also boost the local economy, helping to stimulate markets by engaging traders that buy from local farmers and markets.

Friday, 23 September 2016

Brussels has launched a 'Marshall Plan' for Africa contemplating an initial expenditure of 3.7 billion euros but with an investment potential of up to 88 billion euros in an attempt to tackle the root causes of migration to Europe. EU foreign policy chief Federica Mogherini has described the plan as a 'Copernican revolution'. The aim is to promote development, employment and stability in Africa by creating opportunities for EU companies and beneficiary countries. The European Commission hopes to see the plan in place befoe the EU-Africa summit in March 2017.

The European Union's new 44 billion euro (37.73 billion pounds) Africa fund aims to entice private investors to some of the world's poorest nations and slow mass migration to Europe, the EU's development chief Neven Mimica said. The fund, unveiled last week by European Commission President Jean-Claude Juncker, could be up and running by mid-2017, Mimica said, and is based on a similar, larger fund for Europe already operating. It will rely mainly on private investors and development banks to fund selected commercial projects that might otherwise be considered too risky for funding by commercial lenders, Mimica told Reuters in an interview.